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IGCF highlights importance of nation’s competitiveness

SHARJAH / WAM The International Government Communication Forum (IGCF), which kicked-off on Wednesday at the Expo Sharjah Centre, hosted an introductory lecture for chairmen, heads of government departments and local authorities in Sharjah about the basic concepts of a nation’s reputation and how to create it, as well as to highlight the importance of competitiveness. The workshop was attended by ...

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JMA group to open 20 supermarkets in Dubai

Dubai / Emirates Business JMA group on Tuesday announced that it will open a chain of twenty supermarkets in Dubai by the end of 2018 with an initial investment of AED 60 million, creating an estimated over 1,000 jobs in the country. The group will invest further to open over 100 more convenience stores across UAE, GCC and Asia by ...

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DBWC, METIS join forces to break barriers for women in business

DUBAI / Emirates Business Dubai Business Women Council (DBWC), the UAE’s leading platform for the personal and professional development of women in the emirate and beyond, and UAE-grown management consultancy (METIS), have joined forces to equip women across the country with the necessary knowledge and skills to successfully navigate the region’s complex business landscape. The introduction of Value Added Tax ...

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ADM issues 210 offences against construction firms

ABU DHABI / WAM Al Wathba Municipal Centre of the Abu Dhabi Municipality (ADM), conducted an inspection campaign in Al Faya Industrial Area to monitor temporary construction sites, reduce debris, and urge owners to adhere to the public safety standards as per the Buildings Regulation Law No. 04 of 1983 and its executive regulations. During the campaign, the municipal inspectors ...

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Ways to boost UAE-South Korea trade relations in emerging sectors explored

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of Dubai Islamic Economy Development Centre (DIEDC), received a high-ranking delegation from South Korea, led by Kim Dong-yeon, Minister of Strategy and Finance and Deputy Prime Minister. The meeting, held at the Dubai headquarters of the UAE Ministry of Economy, explored ways of enhancing synergies ...

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Aramco signs $10 billion worth of cooperation deals

NEW YORK / WAM Saudi Aramco announced commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York. Saudi Aramco on Wednesday participated in the event to promote bilateral business and cooperation between the two countries. The forum was scheduled to coincide with the official visit to the United States by Crown Prince Mohammed ...

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CEFC’s $3.2bn property portfolio up for sale

Bloomberg CEFC China Energy Co., the sprawling conglomerate that’s come under increasing government scrutiny, plans to sell its entire global property portfolio with a book value of more than 20 billion yuan ($3.2 billion), according to people with knowledge of the matter. Almost 100 properties are up for sale, including its headquarters in an upscale Shanghai neighbourhood, four floors of ...

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Europe majors join race for Mexico oil bonanza in Gulf waters

Bloomberg European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election. Anglo-Dutch giant Royal Dutch Shell Plc, the UK’s BP Plc, France’s Total SA, Italy’s Eni SpA, Spain’s Repsol SA, Russia’s Lukoil PJSC and DEA Deutsche Erdoel AG of Germany all won blocks — a number of them ...

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